U.S. 10-Year Treasury Yield Falls Below 5% Amid Flight to Safety
The 10-year U.S. Treasury yield fell below 5% for the first time in a month as a global bond selloff gave way to a flight to safety. The report cites concerns about France’s budget deficit and the potential impact of rising oil prices on consumption and economic growth.
By Paulo Trevisani and Emese BarthaThe 10-year U.S. Treasury yield fell below 5% for the first time in a month as a global bond selloff gave way to a flight for safety.Concerns over France's gaping budget deficit and the risk that rising oil prices could weigh on consumption and economic growth cha…